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CO’s Sweeping New AI Law, VT’s Strong Data Privacy Bill & More

May 21, 2024 (2 min read)

CO Enacts Sweeping AI Law

Colorado Gov. Jared Polis (D) signed SB 205, the most sweeping artificial intelligence legislation in the country so far. In a letter to lawmakers, the governor said he was signing the measure in the hope of furthering the national conversation about AI regulation but that he was doing so “with reservations,” and he called on lawmakers to “significantly improve” on the law before it goes into effect in 2026. (PLURIBUS NEWS, LEXISNEXIS STATE NET)

VT Lawmakers Pass Strong Data Privacy Bill

Vermont’s Democrat-led legislature passed one of the nation’s strongest data privacy bills (HB 121), which would prohibit companies from selling sensitive data like financial and health information and allow consumers to bring civil lawsuits against violators. But Gov. Phil Scott (R) is concerned about how part of the measure could impact small businesses and his spokesperson said he would make a decision about whether or not to sign the bill after he’s reviewed the final version passed by lawmakers. (ASSOCIATED PRESS, LEXISNEXIS STATE NET)

OpenAI Team Focused on Long-Term Risks Disbanded

The OpenAI team tasked only a year ago with evaluating the long-term risks of artificial intelligence has been dissolved by the company. The news followed the departure of the team’s leaders, OpenAI co-founder Ilya Sutskever and Jan Leike, from the company. Leike wrote that the company’s “safety culture and processes have taken a backseat to shiny products.” (CNBC)

As we’ve previously reported, most states have either introduced or enacted legislation related to AI in the past twelve months. AI continues to be a pressing issue for state lawmakers this year, potentially introducing a host of challenges for businesses. And we don’t foresee that changing any time soon. That is why LexisNexis® State Net® would like to offer you 30 days of AI legislative and regulatory alerts for free.*

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—Compiled by SNCJ Managing Editor KOREY CLARK

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